$2,500+ Social Security, SSI and SSDI Checks & Payday Next Month 2022

$2,500+ Social Security, SSI and SSDI Checks & Payday Next Month 2022
Keeping track of your Social Security benefits may seem like a full-time job. Since the cost-of-living adjustment (COLA) was increased this year, many retirees were able to better budget as COLA raised the total average benefit for individual retirees to approximately $1,657 per month and $2,753 per month for couples. The average disability benefit payment was increased to $1,358 per month and disabled workers with a spouse and one or more children will now get about $2,383 per month. Widows and widowers will now receive $1,553 per month and widowed mothers with a minimum of two children will receive $3,187 per month. If your birth date is on the 11th-20th, it will be deposited on the third Wednesday of each month. If your birth date is on the 21st-31st, it will be deposited on the fourth Wednesday of each month. People that receive Social Security Disability Insurance (SSDI) are usually on the same schedule, as long as they started claiming after 1997. Those that qualify for SSDI are folks with disabilities who can no longer work, or who can no longer work at the same capacity as they once did. To receive your benefits, check this payment schedule below starting in April to the rest of the year. SSI Payments Supplemental Security Income (SSI) is a needs-based program to help those with a limited income and resources who are unable to earn sufficient wages on their own. If you receive SSI payments, they may be on a bit of a different schedule. Specifically, SSI benefits are distributed on the first of every month. However, if the first of the month happens to fall on a weekend, the new payment date will be the last Friday of the prior month. For 2022, there will be no SSI benefit payments in January, May, and October, while beneficiaries will receive their payments at both the beginning and end of April, September, and December.

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Disclaimer: this video is for educational and entertainment purposes only and is not meant to be a substitute for legal, accounting, tax, or professional advice. If you have any specific questions about any legal, accounting, tax or other professional service matter you should consult the appropriate professional services provider.

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